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As new data centers face headwinds, Brookfield scoops up vintage Silicon Valley property

Firm pays $90 million for facility as investors race to build AI networks
The data center property at 255 Caspian Drive functioned as a research and lab space during the pre-internet era in Silicon Valley. (CoStar)
The data center property at 255 Caspian Drive functioned as a research and lab space during the pre-internet era in Silicon Valley. (CoStar)

As new data centers face challenges ranging from pushback from neighbors to power constraints, investors are pursuing various paths to buy their way into the sprawling facilities that power the artificial intelligence boom.

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